Rethinking 60/40: Why private banks are tearing up the traditional portfolio blueprint

The traditional 60/40 portfolio is not dead, but it is being reshaped as wealth managers navigate a more fragmented, inflation-sensitive and volatile investment landscape. That was the consensus among panellists at Asian Private Banker’s recent Funds Selection Nexus 2026, who argued that diversification is becoming more important, as correlations between traditional asset classes become less reliable. Jansen Phee, UBS “I…

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